Sverdrup Technology, Inc. Expands Services to Provide Asset Management of Automotive Test Facilities

Mar 09, 2000, 00:00 ET from Sverdrup Technology, Inc.

    DEARBORN, Mich., March 9 /PRNewswire/ -- Sverdrup Technology, Inc., a
 Jacobs Company, has expanded its range of services to include asset management
 for automotive clients.  Lou Hickok, vice president of Sverdrup's Automotive
 Operations segment, made the announcement.
     "Sverdrup's core business is testing," said Hickok.  "In serving our
 automotive industry customers as their asset manager for test facilities and
 systems, we will leverage our extensive asset management experience to
 optimize facility use, increase facility flexibility and responsiveness while
 reducing operational costs," Hickok said.  Sverdrup -- recognized as a world
 leader in the design, construction and operation of high technology test
 facilities -- provides comprehensive asset management services, including
 operations, maintenance supervision, facility improvements and brokering of
 facility test time for numerous government and commercial test facilities.
     Sverdrup's expansion of their asset management role provides access for
 the automotive industry to an extensive knowledge and experience base.  "We
 currently have more than 3000 personnel employed in asset management
 throughout the world," said Hickok.  "As a result, we have in place
 methodologies and processes to exchange information, establish metrics for
 application of 'best practices' and proven procedures which make the expansion
 of the asset management role seamless for the client."
     Sverdrup's first automotive market asset management venture was the soon-
 to-be completed Driveability Test Facility (DTF) in Allen Park, Michigan.
 This facility will provide automakers and their suppliers access to state-of-
 the-art wind tunnels and other environmental simulation facilities.  After
 commissioning, Sverdrup will manage all aspects of facility operations and
 maintenance.  Ford Motor Company has arranged for a 10-year lease of the
 facility, beginning immediately following commissioning.  This contract
 provides Sverdrup the opportunity to broker open capacity at the facility when
 available to a wide range of potential users.
     As a further venture into the asset management arena with Ford, Sverdrup
 has been awarded asset management responsibility for four wind tunnels as well
 as cold rooms in Dearborn.  These facilities, like those of the DTF, are
 critical to the Ford Product Development System, and the award of this asset
 management contract to Sverdrup allows both companies to focus on their core
 businesses.  "The joint enterprise between Ford and Sverdrup will provide more
 cost effective utilization of Ford's test resources to establish a new
 paradigm for the industry," said Allen Ardinger, Sverdrup's Operations Manager
 for the wind tunnels and cold rooms.
     "Sverdrup operations and management of these critical assets allow Ford to
 take advantage of our core business expertise -- testing, while freeing Ford
 and Ford resources to focus on the production of world-class automobiles."
 Synergies such as scheduling, test vehicle movement and personnel distribution
 are evident since Sverdrup's asset management responsibilities now will
 encompass all of Ford's North American wind tunnels and cold rooms.
     This agreement may be one of the first within the 'Big Three' which calls
 for an outside supplier to provide on-site testing and asset management
 services in support of product development.
     Sverdrup Technology, headquartered in Tullahoma, Tenn., has a 50-year
 heritage of managing large, high technology operations and maintenance and
 engineering support workforces.  In addition, the company is a world leader in
 the design/build of technical facilities.  Active in the automotive industry
 for more than 30 years, Sverdrup Technology has completed hundreds of design
 and design/build projects for domestic and international automotive
 manufacturers and suppliers.  The Technology Group, the test facility
 design/build/operate organization of the company, has offices in Michigan,
 Tennessee and Virginia and project sites around the world.
     Jacobs Engineering Group Inc. is one of the world's largest providers of
 professional technical services.  A $3 billion company, they offer full-
 spectrum support to industrial, commercial, and government clients in diverse
 markets.  Services include scientific and specialty consulting as well as all
 aspects of project execution and operations & maintenance.

SOURCE Sverdrup Technology, Inc.